Use these factors to figure how well your 401(k) plan is working

Use these factors to figure how well your 401(k) plan is working

Use these factors to figure how well your 401(k) plan is working


Automatic options

Two-thirds of Americans aren't contributing to their 401(k) plans, according to the U.S. Census Bureau. That said, a 2016 Vanguard study found that plans with automatic enrollment had a 90% participation rate.

Use these factors to figure how well your 401(k) plan is working

If you struggle with budgeting, complacency, or a simple lack of understanding, a plan that manages your funds and automatically increases your annual pre-tax contributions could drastically change the course of your retirement.

Just because 401(k) plans are ubiquitous throughout corporate America, doesn't mean they're thoroughly understood by all participants. By familiarizing yourself with your investment options, you can make the most of your retirement funds.

Offer from the Motley Fool: The $16,122 Social Security bonus most retirees completely overlook
If you're like most Americans, you're a few years (or more) behind on your retirement savings. But a handful of little-known "Social Security secrets" could help ensure a boost in your retirement income. For example: one easy trick could pay you as much as $16,122 more... each year! Once you learn how to maximize your Social Security benefits, we think you could retire confidently with the peace of mind we're all after.Simply click here to discover how to learn more about these strategies.



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